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Dusti Bonge Art Foundation Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 640861167 ✦ Biloxi, MS ✦ Designated as a 501(c)(3)

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Overview

What is Dusti Bonge Art Foundation Inc?

Dusti Bonge Art Foundation Inc, based in Biloxi, Mississippi, is a small-scale nonprofit organization with a mission to honor the artistic legacy of Dusti Bonge, Mississippi's first abstract expressionist painter. This is accomplished through various initiatives, including exhibitions, conservation efforts, scholarships, and educational programs, aiming to showcase and preserve Bonge's artistic work within the local community and beyond. The foundation operates with a sole employee committed to upholding Bonge's artistic legacy.


Official website here: www.dustibonge.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The Dusti Bonge Art Foundation Inc has achieved an impressive 97% rating, reflecting its strong commitment to accountability and financial management, which is the sole basis for this score. The foundation's independent board is notable, comprising 100% independent members, and it demonstrates effective governance practices, including published conflict of interest and whistleblower policies.

Financially, the organization maintains a healthy liabilities-to-assets ratio of just 0.05%, indicating sound fiscal health. Additionally, a high program expense ratio of 87.47% suggests that a significant majority of its resources are directed towards its core mission. Overall, the foundation's transparent practices and robust governance structures contribute to its strong rating, though there are no specific noted limitations in the available data.


This AI summary has been generated from information found on Charity Navigator.

Is Dusti Bonge Art Foundation Inc legitimate?

Dusti Bonge Art Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dusti Bonge Art Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,037

For more financial information, click here


Official website here: www.dustibonge.org

What is the mission statement of Dusti Bonge Art Foundation Inc?

The Dusti Bonge Art Foundation Inc is committed to preserving and promoting the artistic legacy of Mississippi's first abstract expressionist painter. They achieve this goal through various means, including exhibitions, conservation, scholarship, and education. The foundation's mission is to introduce and showcase the artist's works within local communities and on a national scale. By doing so, they aim to foster a deeper appreciation and understanding of abstract expressionism. The foundation also invests in scholarships and educational programs to inspire future artists and art enthusiasts.


Official website here: www.dustibonge.org

Who is the CEO of Dusti Bonge Art Foundation Inc?

Ligia Romer is the Executive Director of Dusti Bonge Art Foundation Inc.


Official website here: www.dustibonge.org

What is the revenue of Dusti Bonge Art Foundation Inc?

Dusti Bonge Art Foundation Inc's revenue in 2022 was $538,967.


Official website here: www.dustibonge.org

Who are the executives of Dusti Bonge Art Foundation Inc and what are their salaries?

The average compensation at Dusti Bonge Art Foundation Inc during 2022 was $50,037. There is 1 employee at Dusti Bonge Art Foundation Inc.


Here are 5 key members and their salaries:


Douglas Myatt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Smith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Eldridge (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Leake (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ligia Romer (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dustibonge.org

Where can I find the form 990 for Dusti Bonge Art Foundation Inc?

Dusti Bonge Art Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.dustibonge.org

Learn more at the official website: www.dustibonge.org

Mission Statement of Dusti Bonge Art Foundation Inc

The Dusti Bonge Art Foundation Inc is committed to preserving and celebrating the artistic legacy of Dusti Bonge, Mississippi's first abstract expressionist painter. To achieve this mission, the foundation engages in various activities, including exhibition, conservation, scholarship, and education. By organizing exhibitions, the foundation introduces Bonge's works to both local and national audiences, ensuring her artistic contributions are not forgotten. Through conservation efforts, the foundation works to preserve Bonge's artwork, ensuring it remains in good condition for future generations to appreciate. The scholarship and education components of the foundation's mission aim to foster a deeper understanding and appreciation of Bonge's artistic style and its impact on the art world. By promoting Bonge's work and providing educational opportunities, the Dusti Bonge Art Foundation Inc aims to inspire future artists and contribute to the ongoing evolution of the art scene.

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Impact




July, 2024

The Dusti Bonge Art Foundation Inc has had a significant impact on promoting the artistic legacy of Dusti Bongé, Mississippi's first abstract expressionist painter. Through its activities of exhibition, conservation, scholarship, and education, the foundation has introduced the works of Dusti Bongé to the local community and nationally. By focusing on preserving and showcasing Bongé's art, the foundation contributes to the enrichment of the arts scene and the preservation of cultural heritage. Its efforts not only honor the achievements of Dusti Bongé but also inspire and educate audiences about abstract expressionism and the importance of artistic expression.




This information is meant to be a general summary of Dusti Bonge Art Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$538,967 (2022)
Expenses
$371,953 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$16,414
  • Program Service Revenue: $140
  • Gross Receipts: $892,171

Assets and Liabilities:

  • Total Assets: $4,863,775
  • Total Liabilities: -$708
  • Net Assets: $4,864,483

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Other Income

Revenue

$140

Organization Details

Founding Year

1995

Principal Officer

Ligia Romer

Main Address

P O Box 243, Biloxi, MS, 395330243

NTEE Category

Code: A120 - Arts

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